A rare chance to secure a generous 725m² (approx.) allotment in the prestigious Valley Lake Estate at 15 Basalt Avenue. Build your dream home (subject to all relevant approvals) or use the impressive preliminary design for a luxury four-bedroom plus study residence with theatre room, swimming pool, multiple living zones, and a four-car garage with workshop and storage. The long private driveway offers ample off-street parking, perfect for families, guests, or extra vehicles. With most of the inverted L-shaped block tucked back from the street, there’s plenty of room to create a secluded, standout home. To illustrate the potential, a home on a similar battle-axe block in Basalt Avenue sold for $2,700,000, showing the value on offer. Enjoy walking distance to Peregrine Reserve, Steele Creek Trail, and Valley Lake, with quality schools nearby including St Bernard's College and Penleigh and Essendon Grammar School. Shopping, leisure, and city access are all close, including Centreway, Essendon Fields, Keilor Road, Keilor East Leisure Centre and CityLink. For a copy of the preliminary design, contact Walter Mahch on 0402 989 300.
The size of Keilor East is approximately 9.7 square kilometres. There are 44 parks, covering nearly 35.8% of the total area. The population of Keilor East in 2016 was 14514 people. By 2021 the population was 15078 showing a population growth of 3.9% in the area during that time. The predominant age group in Keilor East is 40-49 years. Households in Keilor East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keilor East work in a professional occupation.In 2021, 78.50% of the homes in Keilor East were owner-occupied compared with 79.10% in 2016.
Keilor East has 7,453 properties. Over the last 5 years, Houses in Keilor East have seen a 14.53% increase in median value, while Units have seen a 6.26% increase. As at 30 June 2026:
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